WalletX Documentation
๐ŸŒGo to website๐Ÿค–Open WalletX Bot
  • ๐Ÿ’ณWalletX - The Best Wallet Analyzer/Scraper on Solana
  • Setup & Usage
    • โ”1. What is WalletX and how does it work?
    • 2. What makes WalletX different from other Solana wallet analyzers?
    • 3. How to start using WalletX?
    • 4. Breakdown of WalletX Scan Metrics
    • 5. Do Your Own Research
  • Subscriptions
    • How to purchase a WalletX Paid Subscription
    • Paid Plans & Pricings
      • ๐Ÿ”นTrial Plan
      • ๐Ÿ”ฐPremium Plan
      • ๐Ÿ’ŽElite Plan
  • FAQ
    • ๐ŸคAffiliate Program
    • โ‰๏ธFrequently Asked Questions
      • Where can I find the top wallets?
      • "I bought premium". Where can I find the alpha wallet drops?
      • Is it possible to have a CSV file including all the alpha wallets?
      • Should I copy โœ…pump.fun traders or โŒpump.fun traders?
      • Why do I get this error: "โŒ Error occurred while checking wallet (WE-1)"
      • Why does the WalletX bot take long to check wallets now?
      • How can I know if my WalletX subscription is still active?
      • Why is WalletX giving me different results than other analyzers? (GMGN, Dexscreener,etc)
      • How do I access WalletX premium group after purchase? (Premium Plan)
      • At what time does WalletX drop the premium wallets each day?
      • Why does WalletX recommend skipping wallets with too many transactions?
      • Why I haven't received my premium subscription yet?
      • Which copy trading bots does WalletX recommend for Solana?
      • What are the # tags meaning?
      • What is an "Elite" Wallet?
  • Copy Trading Academy
    • ๐ŸฆพWalletX's Effective Copy Trading Guide - by KableK
    • ๐Ÿ“šCopy Trading Guides (Unofficial)
    • ๐Ÿ”ซCopytrading (DO's and Dont's)
      • 1. Balance Win Rate and ROI
      • 2. Test and Trim Your Copy Trading Strategy
      • 3. Take Profits Early - Smart Exit Strategy
      • 4. Study Wallet Behavior - Key Analytics
      • 5. Analyze Insider Wallets
      • 6. Avoid Over-Copied Wallets
      • 7. Hold Times & Trade Size Analysis
      • 8. Never Follow The Crowd
      • 9. Improving Trading Analysis with Visual Data
      • 10. Trade Size Impact Analysis
      • 11. Smart Selling Strategy Analysis
      • 12. Adapt to Traders
      • 13. Use the Right Tools
      • Conclusion
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  1. Copy Trading Academy
  2. Copytrading (DO's and Dont's)

8. Never Follow The Crowd

Watch out for groups of wallets trading the same tokens repeatedly. They can occasionally yield a 10x gain but often farm those who follow blindly.

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Last updated 6 months ago

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